Beschreibung
InhaltsangabePreface xi Acknowledgments xix PART ONE Forex Is a Game 1 CHAPTER 1 How to Play the Game 3 The Forex Game 3 Forex and the Seven Majors 5 Leverage 11 Summary 14 CHAPTER 2 How Money Is Made in the Game 15 Buy Low, Sell High 15 Three Points in Every Trade 17 Bid/Ask Spread 23 What Causes the Price of Currencies to Fluctuate? 25 Fraction Theory 30 Reading the Charts 31 Market Structure 37 Summary 48 CHAPTER 3 The Six Major Players 51 Central Banks 51 Commercial and Investment Banks 58 Multinational Corporations 62 Institutional Traders 68 Retail Forex Brokers 69 Retail Traders 70 Summary 70 CHAPTER 4 Why You Must Play the Game 73 Top 17 Reasons to Trade Forex 73 Summary 84 CHAPTER 5 Play It Your Way: Understanding Your Profile 87 The Experiment 88 Five Categories of Forex Traders 92 Your Perfect Strategy 98 Summary 107 PART TWO Strategies to Win the Game 109 Includes details on the FXPRIMUS 100% bonus trading credit CHAPTER 6 Strategies for Scalpers 111 Strategy 1: Rapid-Fire Strategy 111 Strategy 2: Piranha Strategy 118 CHAPTER 7 Strategies for Day Traders 125 Strategy 3: Fade the Break 126 Strategy 4: Trade the Break 131 Trading the News 138 Strategy 5: Gawk the Talk 143 Strategy 6: Balk the Talk 148 CHAPTER 8 Strategies for Swing Traders 155 Strategy 7: Trend Rider 155 Strategy 8: Trend Bouncer 163 Strategy 9: Fifth Element 169 Strategy 10: Power Ranger 177 Strategy 11: The Pendulum 185 CHAPTER 9 Strategies for Position Traders 191 Strategy 12: Swap and Fly 192 Strategy 13: Commodity Correlation (Part 1) 199 Strategy 13: Commodity Correlation (Part 2) 204 Strategy 14: Siamese Twins 210 CHAPTER 10 Strategies for Mechanical Traders 217 Strategy 15: Guppy Burst 217 Strategy 16: English Breakfast Tea 223 Strategy 17: Good Morning Asia 228 CHAPTER 11 Conclusion 235 Bibliography 239 About the Author 241 About the Website 243 Plus FXPRIMUS 100% bonus trading credit Index 245
Autorenportrait
Mario Singh is founder and CEO of FX1 Academy, the first and largest Forex education company in Singapore and Malaysia. He has personally touched the lives of over 20,000 people, helping them move closer to their financial goals through Forex trading. Mario Singh is also the director of training and education of FXPRIMUS, Asia's fastest growing Forex broker. He is featured regularly in Smart Investor and Your Trading Edge, and has appeared on CNBC, Channel NewsAsia, "Personal Money," News Radio, City News, The Straits Times, FXstreet, and Your Choice. He also writes a weekly Forex column for a Singaporean national newspaper, My Paper.
Leseprobe
Leseprobe
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